Soleron said:
This is probably the best time to invest, as companies are significantly undervalued due to lack of confidence and are not likely to drop much as the price is already worst-case-scenario. There is a risk of it going bust, but if its financials are still good today they're only going to get better once the recession passes. The companies with good business models will do the best during the recession and will be the dominant players after it.
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I don't agree. About a month ago would have been a good time to invest and then sell short, but the market is getting even more skittish. I think we are going to hit another bottom soon. THEN will be a good time to invest.
We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls. The only thing that really worried me was the ether. There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke
It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...." Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson
